Alberto Salamone
AEHR TEST SYSTEMSAbout Alberto Salamone
Alberto Salamone is Executive Vice President, Packaged Parts Burn-in Business at Aehr Test Systems, having joined in August 2024 in connection with Aehr’s acquisition of Incal Technology, where he served as President & CEO . He is 52 years old as of May 30, 2025, and holds a B.S. in Electrical Engineering (Politecnico di Torino), an Executive MBA (LUISS), an MSc in International HR Management (Cranfield), an MSc in Behavioral Science (LSE), and a Certificate of Management Excellence (Harvard) . Under Salamone’s leadership, Incal grew in AI burn‑in and brought ultra‑high‑power packaged part test capabilities that Aehr is integrating to address AI accelerator and high‑performance processor reliability testing; management highlighted this combination as a strategic growth lever when announcing the acquisition plan and on the earnings call .
Company performance context (pay vs. performance disclosure):
- TSR value of a hypothetical $100 investment and net income (loss) over recent fiscal years were: FY2023 $394 TSR / $14,557k net income; FY2024 $137 TSR / $33,156k net income; FY2025 $114 TSR / $(3,910)k net loss .
Past Roles
| Organization | Role | Years | Strategic impact |
|---|---|---|---|
| Incal Technology, Inc. | President & CEO | Through Aug 2024 (start not disclosed) | Led significant growth in AI burn‑in; managed sale to Aehr to combine ultra‑high‑power packaged part test with Aehr’s portfolio |
| Elemaster USA Inc. (Elemaster Group) | General Manager | 2016–2019 | Ran U.S. operations of EMS provider; executive leadership experience in electronics manufacturing |
| ELES Semiconductor Equipment S.p.A. | Chief Executive Officer | Not disclosed | CEO of publicly traded Italian test & burn‑in equipment maker; deep sector expertise |
Fixed Compensation
- Specific compensation figures for Mr. Salamone (base salary, target bonus, actual bonus) were not disclosed in AEHR’s 2025 proxy, as he was not a named executive officer. The company’s executive compensation program combines base salary, annual cash incentives, and equity (options/RSUs), emphasizing pay‑for‑performance and alignment with shareholders .
Performance Compensation
- Company framework (for executives generally): annual bonuses based on corporate and personal performance goals set by the Compensation Committee; equity awards (options and RSUs) used to drive long‑term alignment. FY2025 targets and payouts were detailed for NEOs (CEO/CFO/COO), but not for Mr. Salamone .
- Clawback: Executives subject to compensation recovery policy adopted Aug 14, 2023, enabling recoupment of excess incentive‑based compensation (including equity) for the three fiscal years preceding a material restatement .
Equity Ownership & Alignment
| As-of date | Security | Amount | Ownership form | Notes |
|---|---|---|---|---|
| Nov 6, 2024 (event date Nov 1, 2024) | Common Stock | 58,816 | Direct (D) | Form 3 initial statement; amount includes shares subject to unvested RSUs |
Additional alignment and risk controls:
- Hedging/pledging prohibited: Insider Trading Policy bars short sales, derivatives, hedging, and pledging of company stock; also prohibits purchasing on margin .
- Anti‑misconduct recovery: Clawback policy as noted above .
Employment Terms
- Role and start: Executive Vice President, Packaged Parts Burn‑in Business; began serving in connection with the Incal acquisition in August 2024 .
- Severance/change‑of‑control: The 2025 proxy discloses severance terms for certain NEOs (CEO/CFO/COO), but does not disclose individual severance or change‑of‑control provisions for Mr. Salamone .
- Insider trading compliance: Subject to the company’s Insider Trading Policy (including anti‑hedging/pledging) .
- Clawback: Subject to the company’s compensation recovery policy .
Company Performance Context (for environment during early tenure)
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| TSR value of $100 investment | $394 | $137 | $114 |
| Net Income (Loss) ($ thousands) | $14,557 | $33,156 | $(3,910) |
Investment Implications
- Strategic lever: Salamone’s packaged‑part burn‑in domain expertise and Incal’s ultra‑high‑power test platform are positioned to extend Aehr into reliability screening for AI accelerators and high‑power processors—an area management views as a meaningful growth opportunity when combined with Aehr’s wafer‑level capabilities .
- Alignment and risk controls: Initial equity ownership (including unvested RSUs) plus the anti‑hedging/anti‑pledging policy and a formal clawback framework support alignment and mitigate misconduct risk, though specific pay and severance economics for Salamone remain undisclosed .
- Execution focus: With company TSR down in FY2024–FY2025 versus FY2023 and a FY2025 net loss, disciplined execution in scaling packaged‑part burn‑in for AI markets will be a key test of value creation under Salamone’s leadership of the PPBI business .